XML 66 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 9,130 $ 6,983
Accounts receivable, net 60,404 55,155
Inventories 85,134 87,910
Income tax receivable 1,631 1,191
Short-term derivative assets 9,051 1,865
Prepaid expenses 5,820 6,804
Total current assets 171,170 159,908
Property, plant and equipment, net 171,983 189,458
Goodwill 36,224 36,224
Intangible assets, net 27,673 28,878
Other assets 9,520 9,468
Long-term derivatives assets 443 674
Right-of-use operating lease assets 19,696 0
Total assets 436,709 424,610
Current liabilities:    
Accounts payable 59,828 72,771
Accrued payroll expenses 16,021 14,518
Operating leases liabilities - current 5,571 0
Short-term derivative liabilities 368 1,474
Other current liabilities 7,982 7,309
Total current liabilities 89,770 96,072
Long-term borrowings under revolving credit facility 70,000 92,000
Accrued pension liabilities 45,717 47,216
Accrued postretirement benefits 22,597 23,024
Accrued workers’ compensation liabilities 5,000 4,747
Operating lease liabilities - noncurrent 14,318 0
Other long-term liabilities 3,147 4,057
Total liabilities 250,549 267,116
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $1.00 par value, 500,000 shares authorized; Series A Convertible Participating Cumulative Perpetual Preferred Stock, 21,000 shares authorized; 14,700 shares issued and outstanding as of December 31, 2019 and June 30, 2019; liquidation preference of $15,899 and $15,624 as of December 31, 2019 and June 30, 2019, respectively 15 15
Common stock, $1.00 par value, 25,000,000 shares authorized; 17,177,448 and 17,042,132 shares issued and outstanding as of December 31, 2019 and June 30, 2019, respectively 17,180 17,042
Additional paid-in capital 59,663 57,912
Retained earnings 158,310 146,177
Accumulated other comprehensive loss (49,008) (63,652)
Total stockholders’ equity 186,160 157,494
Total liabilities and stockholders’ equity $ 436,709 $ 424,610